Back to top

Image: Bigstock

Univar (UNVR) Unit Selected as Distributor by DuPont in Mexico

Read MoreHide Full Article

Univar Solutions Inc.’s (UNVR - Free Report) subsidiary, ChemPoint.com Inc., recently signed an agreement with DuPont for the distribution and sales of DuPont’s cellulosic as well as poly offerings in industrial applications in Mexico.

This arrangement will help DuPont expand its footprint in the Mexico industrial market and meet the demand for cellulosic and poly ingredients. Univar and DuPont will work together to boost customer experience through enhanced service and support, driven by a committed technical marketing and sales team.

The team at ChemPoint acts as an integrated extension of DuPont in order to support customer needs for market insights, product selection, technical assistance, order placement and fulfilment. Moreover, consumers receive help from ChemPoint’s customer service and supply chain professionals for timely delivery and excellent service.

ChemPoint’s technical competence across multiple industry segments, understanding of customer preferences and market proficiency to tap new markets-makes it an ideal choice by DuPont for growth and success of its Speciality Solutions.

Univar’s third-quarter adjusted earnings topped the Zacks Consensus Estimate, while sales missed the same. The company is expected to benefit from market expansion and strategic acquisitions. The company is also focused on expense management and productivity actions. It also has a strong liquidity position. The company expects adjusted EBITDA in the range of $140-$145 million for the fourth quarter of 2020.

 

Univar Inc. Price and Consensus

 

Univar Inc. Price and Consensus

Univar Inc. price-consensus-chart | Univar Inc. Quote

 

Zacks Rank and Key Picks

Univar currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks worth considering in the basic materials space are Bunge Limited (BG - Free Report) , Silvercorp Metals Inc. (SVM - Free Report) , and Pretium Resources Inc. (PVG - Free Report) .

Bunge has a projected earnings growth rate of 43% for the current year. The company’s shares have gained around 14% in a year. It currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Silvercorp has an expected earnings growth rate of 40% for the current year. The company’s shares have rallied around 18% in the past year. It currently carries a Zacks Rank #2 (Buy).

Pretium Resources has an expected earnings growth rate of 25.5% for the current year. The company’s shares have gained around 11% in the past year. It currently carries a Zacks Rank #2.

The Hottest Tech Mega-Trend of All  

Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Pretium Resources, Inc. (PVG) - free report >>

Bunge Limited (BG) - free report >>

Silvercorp Metals Inc. (SVM) - free report >>

Univar Inc. (UNVR) - free report >>